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...only a beginning, and Rab Butler knew it. He still has to prove that his new dose of austerity will work in practice. The first signs were not encouraging: at week's end, British workers filed demands for pay increases which, if granted, would give the inflationary spiral another upward twist. The one hopeful sign was that the drain of British dollar reserves in October was less than half what it was in September. The pound last week, for the first time in a year, was selling at a fraction higher than its official rate...

Author: /time Magazine | Title: Foreign News: Chancellor's Comeback | 11/14/1955 | See Source »

...subject chosen for debate was rotund Economic Affairs Minister Ludwig Erhard's program to control West Germany's economic boom and accompanying wage-price spiral. The debate took the form of a few unctuous commonplaces. Said one of the 150 West Berliners in the audience: "They come to us up here and squabble about their own wealth...

Author: /time Magazine | Title: BERLIN: Little Men, What Now? | 10/31/1955 | See Source »

...breeze was stirring north of Maryland. At Hatteras, N.C., the Weather Bureau's radar (which shows rain-filled air) watched lone approaching with measured tread. She had a clear little eye in her center (the signature of a hurricane), and around it were elaborate swirls like a spiral nebula (see cuts'}. But lone lingered; her eye grew dim; her spirals dissolved in a structureless blob of rain...

Author: /time Magazine | Title: Science: Hurricane's Way | 10/3/1955 | See Source »

Despite the general economic boom, there has been no new inflationary spiral. For two years the cost-of-living index has held generally steady, is now only half a percentage point above the level of April 1953. The value of the dollar has been stabilized-an element of immense importance in the new mood of confidence...

Author: /time Magazine | Title: THE PRESIDENCY: The Return of Confidence | 7/4/1955 | See Source »

...wedding in a nudist colony." Modernists have found Milles wanting in imagination to move beyond the aura of Rodin, and lacking in Rodin's great power. For his part Milles sees little to praise in modern sculpture. "Their work is too stiff," he says. "They take a spiral and make a hole in it. I can do that myself...

Author: /time Magazine | Title: Art: Water & Bronze | 6/27/1955 | See Source »

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